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What’s better than the $40.4 million in revenue that the SEC distributed during the 2015-16 fiscal year? $40.9 million! That’s the total for 2016-17.
The SEC generated $596.9 million in revenue for the 2016-17 fiscal year and distributed an average of approximately $40.9 million to 14 members, the league announced Thursday.
The average distribution from the league does not include bowl revenue retained by participating schools, which totals $23.1 million. The SEC’s payout for the most recent fiscal year, which ended Aug. 31, represents a slight increase from fiscal year 2015-16, when the league generated $584.2 million and distributed approximately $40.4 million to its members, excluding bowl money. [...]
The SEC currently distributes the most revenue, on average, to its members. The Big Ten is second after distributing $34.8 million to its fully vested members in its 2016 fiscal year, the most recent to be reported.
Pretty good money, imo. Evidently the higher-ups also make a good chunk of change. Tends to be how things work.
According to the 990 tax form filed by the SEC with the Internal Revenue Service and obtained by AL.com, Sankey earned a total of $1.829 million in his role as commissioner in 2016-17. The various associate and assistant commissioners earned between $204,000 and $608,000.
Granted, while this is a lot of money, Mizzou still lags behind most of the rest of the conference from an overall revenue standpoint and operated in the red for the first time last year. I’m still guessing most Mizzou fans don’t regret making the switch to the SEC. Call me crazy.
More Links:
- Tough loss for Mizzou Women’s Hoops yesterday. The Tigers have proven themselves a tough out and top-15 or top-20 caliber team over the course of two rugged road losses and last night’s late loss to No. 2 Mississippi State. But they could have proven a little more, too, and couldn’t quite pull it off.
2/1/18Robin Pingeton: I'm so proud of my girls, they really battled their tails off. Watch both teams reactions following the Tigers devastating 57-53 loss versus #2 Mississippi State
Posted by Rock M Nation on Friday, February 2, 2018
- Mizzou’s final MAC wrestling dual of the year is against NIU tonight in DeKalb. The Huskies are 2-7 overall and 0-4 in MAC play. This won’t be pretty.
- Mizzou Tennis is 5-0! We’ll see if the Tigers can hit 7-0 with a trip to Virginia to play Virginia Tech and Radford.
- After a couple of battles against top-10 teams, Mizzou Gymnastics merely has to take on No. 14 Georgia tomorrow in Athens. (SEC Gymnastics is ridiculous.)
- Now that Mizzou Softball has a(n interim) coach, it can focus on the next item on the list: Saturday’s Black & Gold game.
- Gotta say ... these are pretty slick unis right here.
- Forgot to share this yesterday: NEW PAPN! LSU is rebuilding, and Godfrey tried to make the case that Arkansas is a humongous sleeping giant.